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Which of the following is an example of passive income? Cancellation of debt income. Guaranteed payments for services provided. Income from rental real estate ventures

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Which of the following is an example of passive income? Cancellation of debt income. Guaranteed payments for services provided. Income from rental real estate ventures for a non-real estate profe Retirement benefits. Mark for follow up Question 21 of 35. Which of these corporations is exempt from filing an annual Form Aspen, Incorporated. They no longer cary on substantial actiyities. Oaks, Inc. They report a loss. Pine Corporation. They no longer retain any alssets. Larch Corp. The company was dissolved in the pripr year: Mark for follow up Question 22 of 35. Which of the following is an example of nonrecourse debta A personal loan seured by collateral where the borrower sillallility is Any business debt that is secured by collateral A heme mortgage where the buyer is personally liable for any cleficier

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